Data Analytics For Accounting
Data Analytics For Accounting
19th Edition
ISBN: 9781260375190
Author: RICHARDSON, Vernon J., Teeter, Ryan, Terrell, Katie
Publisher: Mcgraw-hill Education,
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Chapter 1, Problem 10DQ
To determine

Provide an example of why focusing on a portion of the total number of transactions might be important for auditors to assess risk.

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Students have asked these similar questions
Explain the importance of auditing in reducing information risk.
As an auditor, why would we be concerned with a high level of transactions that exceed the Bendford expected value?
An internal auditor is examining the effectiveness of procedures management established to protect customer data from cyberattacks and whether those procedures are cost effective.  This is an example of an operational audit.   Question options:   True   False
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